New Motors INC

$1,255,000 PPP Loan in Erie, Pennsylvania

Loan Details

Loan Number
8891067000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,255,000
Current Approval
$1,255,000
Forgiveness Amount
$1,262,983
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
New Motors INC
Address
8670 Peach St
City
Erie
ZIP Code
16509-4721
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
93
Estimated Revenue
$23.4M
Rural/Urban
Urban
Congressional District
PA-16

Loan Use Breakdown

Payroll
$1,255,000

Lender Information

Servicing Lender
First National Bank of Pennsylvania
Originating Lender
First National Bank of Pennsylvania

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